The Reuters' monthly poll for their own Tankan tracks the Bank of Japan's quarterly tankan
Reuters report:
Confidence at Japanese manufacturers rose to its highest level in a decade
- The sentiment index for manufacturers rose one point to 27
- manufacturers' index was seen slipping to 26 in November
- led by materials producers
Service-sector mood fell but still remained at a relatively high level, underscoring firmness in domestic demand
- slipped to 29 in August from the previous month's two-year high of 33
- dragged down by retailers, information and communications firms
- The index was expected to drop further to 25 in November
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Poll of 548 large- and mid-sized companies, conducted Aug. 1-16, in which 265 firms responded
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More evidence of solid improvement in the Japanese economy. If the BOJ did not have that 2% inflation target looking so far away they'd be much happier I reckon.
